stock markets

Wall Street drifted Thursday as central banks kept cranking interest rates higher. Federal Reserve Chair Jerome Powell reiterated his belief that inflation is still too high and that further increases to rates may be necessary.

Drops for tech stocks sapped more momentum from Wall Street’s rally on Wednesday. Weakness for high-growth stocks hit the Nasdaq composite in particular.

Wall Street fell Monday, taking a step back after its big rally last week.

Wall Street slipped Friday, and its best week since March came to a quiet close.

Wall Street jumped Thursday, and its winning streak kicked into a higher gear. The S&P 500 rallied 1.2% to reach heights untouched since April 2022. The Dow Jones Industrial Average climbed 1.3%, while the Nasdaq composite rose 1.1%.

Wall Street swung to a mixed close Wednesday after the Fed hints of rate hikes to come.

Wall Street rose Tuesday as inflation keeps cooling. Tuesday’s report showed that food, fuel and other prices for consumers were 4% higher in May than a year earlier, the latest slowdown from its peak of 9.1% last summer.

Wall Street drifted higher Friday, marking the fourth winning week for the S&P 500. Tesla was at the front of the market, rallying 4.1% after announcing General Motors electric vehicles will be able to use much of its extensive charging network beginning early next year. GM rose 1.1%.

Bulls ran again on Wall Street Thursday as the S&P 500 climbed 20% above its October low. The index rose 0.6% to carry it 20% above a bottom hit in October. That means Wall Street’s main measure of health has climbed out of a painful bear market, which saw it drop 25.4% over roughly nine months.

Wall Street drifted Wednesday as drops for tech overshadow gains elsewhere. Microsoft, Amazon, Nvidia and Alphabet all sank at least 3% and were the heaviest weights on the S&P 500. Because they’re some of Wall Street’s most valuable stocks, their movements pack extra punch on the index.

Wall Street inched higher Tuesday toward the edge of a bull market.

The majority of stocks on Wall Street sank after a report showed growth fell short of economists’ forecasts for businesses in the construction, accommodation and other U.S. services industries last month. It was still a fifth straight month of expansion, though.

Wall Street leaped Friday, nearly escaping its bear market after a strong jobs report. Stocks got a boost after a report showed employers unexpectedly accelerated their hiring last month. It’s the latest signal that the job market remains remarkably solid despite much higher interest rates, and it offers a hefty pillar of support for an economy that’s begun to slow.

Wall Street slipped Wednesday as stocks slumped worldwide over worries about the strength of the global economy and inflation.

Wall Street churned to a mixed finish on Tuesday. Tuesday marked the U.S. stock market’s first trading since President Joe Biden and House Speaker Kevin McCarthy struck a deal to allow the U.S. government to borrow more money, which would let it avoid a default on its debt. They now must convince Congress to approve it before the U.S. government runs out of cash to pay its bills, which could happen as soon as Monday.

Tech led more gains on Wall Street on Friday. The upbeat finish to the week for major indexes comes amid lingering anxiety over persistently high inflation, the risk of a U.S. debt default and broadly weak corporate earnings.

AI frenzy pulled Wall Street higher Thursday despite U.S. debt woes. The S&P 500 rallied 0.9% after chipmaker Nvidia gave a monster forecast for upcoming sales as it benefits from the tech world’s rush into AI. It helped the Nasdaq composite leap 1.7%, while the Dow Jones Industrial Average slipped 0.1%.

Wall Street sank Wednesday as stocks tumbled worldwide. The S&P 500 dropped 0.7% after House Speaker Kevin McCarthy said Republicans and Democrats remain “far apart” in their efforts to prevent a potentially disastrous default on the U.S. government’s debt. The main U.S. stock index is on track for its worst week in more than two months as the once-unthinkable creeps closer to possibility.

Wall Street slid Tuesday as debt worries worsened. The S&P 500 fell 1.1%, the Dow Jones Industrial Average dropped 0.7%, while the Nasdaq composite lost 1.3%.

Stocks were mixed Monday as Wall Street waits to hear on Washington efforts to avoid defaulting on debt.

Wall Street’s best week since March stalled Friday amid debt worries. Despite its weak Friday, the S&P 500 still managed to break out of a long, listless stretch where it failed to move by 1%, up or down, for six straight weeks. It gained 1.6%, with much of the strength earlier in the week coming on rising hopes that Washington can avoid a debt default.

Wall Street rose Thursday, adding to a winning week. The S&P 500 gained 0.9%, adding to its rally from the day before as hopes rise further that the U.S. government can avoid a disastrous default on its debt. The Dow Jones Industrial Average added 0.3%, while the Nasdaq composite climbed 1.5%.

Wall Street rose Wednesday on hopes that the U.S. may avoid default. The S&P 500 climbed 1.2%, with much of the gain coming after President Joe Biden said he’s confident “America will not default.” The Dow Jones Industrial Average rose 1.2%, while the Nasdaq composite gained 1.3%.

Wall Street weakened Tuesday as energy stocks, Home Depot weighed down the market. The S&P 500 fell 0.6%, the Dow Jones Industrial Average dropped 1% and the Nasdaq composite slipped 0.2%.

Wall Street rose Monday ahead of updates on spending by U.S. shoppers. The S&P 500 0.3%, the Dow Jones Industrial Average added 0.1% and the Nasdaq composite climbed 0.7%.

Wall Street slipped Friday as households get more nervous. Despite the seemingly placid moves for the overall market, big swings have swirled underneath the surface amid worries about a possible recession, high inflation and the U.S. government inching toward what could be a catastrophic default on its debt.

Wall Street edged lower Thursday following inflation data and drops for Disney, banks.

Stocks dipped Tuesday ahead of Wednesday’s report on inflation at the consumer level.

Wall Street steadied Monday as banks stabilized. The S&P 500 edged up by less than 0.1%, coming off its worst week in nearly two months. The Dow Jones Industrial Average slipped 0.2%, while the Nasdaq composite added 0.2%.

An Apple-juiced rally on Friday closed out a bruising week on Wall Street. The S&P 500 jumped 1.8%, though it still turned in a modest loss for the week that was its worst in nearly two months. The Dow Jones Industrial Average climbed 1.7%, while the Nasdaq composite rallied 2.2%.

Wall Street sank Thursday as bank fears flared. The S&P 500 fell 0.7% to add to its loss for the week so far. The Dow Jones Industrial Average dropped 0.9%, and is now down for the year, while the Nasdaq composite fell 0.5%.

Markets slipped Wednesday after news of the latest Fed rate hike. The Fed’s move to raise its benchmark interest rate by another quarter of a percentage point was widely expected, and it’s supposed to slow the economy further in hopes of getting inflation under control.

Wall Street dropped Tuesday as banks tumbled again. The S&P fell 1.2% after paring a steeper loss. The Dow Jones Industrial Average dropped 1.1%, after earlier being down as many as 615 points. The Nasdaq composite sank 1.1%.

Stocks remained steady Monday following the failure of First Republic Bank. First Republic has been in the spotlight for nearly two months on worries it could be next to topple following March’s failures of Silicon Valley Bank and Signature Bank. The worry was that runs on smaller- and mid-sized banks could take down the economy, like the financial industry’s woes during the 2008 crisis did.

Wall Street rose Friday to cap a winning April. The S&P 500 climbed 0.8%. Despite some sharp swings this week, it still clinched a second straight winning month. The Dow Jones Industrial Average added 0.8% and the Nasdaq composite gained moved up 0.7%.

Meta’s surge fueled a big Wall Street rally on Thursday. The S&P 500 jumped 2% to erase all its losses from what had been a tough week so far. The Dow Jones Industrial Average climbed 1.6%, while the Nasdaq composite led the market with a 2.4% gain.

Wall Street cane off its worst day in a month Wednesday, hurt by concerns about the strength of U.S. banks. The spotlight has been harshest on First Republic Bank, which lost another 29.8% after nearly halving the day before. That’s when it gave details about how many customers bolted amid last month’s turmoil in the industry.

Stock market today: Stocks tumbled Tuesday on earnings reports and economy worries. The S&P 500 fell 1.6% to break out of a weekslong lull. The Dow Jones Industrial Average dropped nearly 1%, while the Nasdaq composite sank 2%.

Stocks stood still Monday ahead of a coming raft of earnings and economic data. The S&P 500 edged up 0.1%, the Dow Jones Industrial Average rose 0.2%, while the Nasdaq composite slipped 0.3%.

Stocks closed a quiet week on Friday with small gains. The S&P 500, Dow Jones Industrial Average and Nasdaq composite all gained 0.1% after drifting between small gains and losses for most of the day. The indexes each posted a slight loss for the week.